Finance Minister, Senator Muhammad Ishaq Dar here Thursday chaired a meeting to review the government measures aimed at enhancing economic growth.
The Finance Secretary, Dr. Waqar Masood Khan briefed the meeting about various initiatives of the government, particularly those aimed at plugging the infrastructure gaps, including those in the power and transportation sectors.
The meeting was apprised that the Government has achieved sound stabilization of economy and along side, economic growth is picking up while inflation has massively declined. Further, forex reserves are continuing to build up and interest rates have touched the lowest level in decades. All this augurs well for efforts to consolidate the economic gains and tread on the path of growth and employment generation.
The meeting also discussed measures like developing a conducive taxation regime, improving access to credit and formalizing the undocumented sector through a national financial inclusion strategy for reforming the investment climate.
The Finance Minister emphasized that dedicated efforts are needed to keep the momentum of economic reforms going. He said that the implementation of policies and strategies in letter and spirit along with proper monitoring would get the desired results.
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